I heard today they signed lease for office space, sand operations from rail, water from river and rig storage and maintenance. Sounds like they plan on being here for a long time. Great news for Ohio twp in Monroe co.
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For those GMSers not familiar with the Monroe Co. Ohio area, Monroe Co borders the Ohio River and Wetzel County and Tyler Co WV. Statoil purchased acreage from Protégé and a couple of other companies in late 2012. This location at Hannibal will give them access to all three counties as there is a bridge crossing the Ohio River at Hannibal. This is a super rich Marcellus area and Statoil currently has permits to drill more wells located on the Dangel pad which is in Ohio Twp also.
Congrats to the three counties which will benefit.
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